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Technology Stocks : Netflix (NFLX) and the Streaming Wars -- Ignore unavailable to you. Want to Upgrade?

To: 2MAR$ who wrote (456)	6/19/2011 5:13:12 AM
From: 2MAR$	1 Recommendation Respond to of 2280

Hitting a snag with Sony/Starz ....$275 capped the momo driven mostly by lack of any real competition, some foreign expansion and now back to testing the 50ma . NFLX should be able to get a pass leading up to this next earnings report & momo may return but would feel in a cautious market any bidding up will be a similar sell the news scenaro . Believe that lack of fresh content is going to really start to weigh heavily on this stock ...so back to the fears of fatigue factor, cancellations & churn rates if they don't improve the offering now . And this takes lots of cash . So time for another rabbit out of Reed's hat bt haven't seen many surprise moves coming from anyone so far this summer just companies tying to weather this downturn and not many spending cash . NFLX is one high flyer that must spend money to keep subs happy , so far only this Sony /Starz snaffu . Reed is going to have to pony up alot of cash and soon . finance.yahoo.com